5914 Whittier BlvdEast Los Angeles, CA 90022

Property Details for 5914 Whittier Blvd

Year built

1948

Construction

WOOD

Lot size

0.11 AC

Property size (Sq ft)

3,000 SF

Zone code

LCC3*

Property type

Retail properties

Property subtype

Retail space

APN

6339-003-016

APU

6339003016

Description

This exceptional retail storefront property, located at 5914-5916 Whittier Blvd in Los Angeles, CA 90022, presents a unique investment opportunity. The 3,000 square foot building, constructed in 1948 and completely renovated in 2024, boasts two units and sits on a 4,983 square foot lot. The property is zoned C-3, allowing for a variety of commercial uses. The asking price is $1,000,000, translating to $333.33 per square foot. Key features include a convenient location in East Los Angeles, experiencing high traffic volume, and the added benefit of fenced and paved rear parking. Its proximity to major freeways, the I-5 and I-10, ensures excellent accessibility. This single-story building represents a turnkey solution for investors seeking a well-maintained, high-potential retail space in a thriving area. The property is offered for sale by the owner, Top Asset Management LLC. This is a rare opportunity to acquire a newly renovated retail property in a prime East Los Angeles location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,266,933

  6.5%

  $1,169,477

  7%

  $1,085,943

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,437,610

  Geo Method

  $1,437,610

• Alternative Use

  Use

  Valuation

  Residential

  $986,498

  Hospitality

  $903,626

  Educational

  $751,807

  Medical

  $777,662

  Retail

  $1,169,477

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0173

Longitude

-118.144

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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